
Compulsory MTPL insurance has several public goals, includingfairness, road safety, consumer savings, solving road problems andfeelings of safety. Studies have shown that an increased number ofmotor vehicles increases the number of road accidents and roadconditions are getting worse. At the same time, the social responsibilityfor road accidents is shifting from society to government.That is where the compulsory form enters the field.Compulsory MTPL insurance is a relatively new product for developingcountries and its advantages are vague for society. In mostcases, compulsory insurance is perceived as an additional chargethat burdens the vehicle. This term is less common and not properlyunderstood in developing countries.In order to have a better understanding of compulsory MTPL insurance,this article discusses compulsory forms and stages of developmentof MTPL insurance in different countries. It also focuseson the recommendations for developing countries to properly implementthe compulsory form in their own society.
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